UK shop price inflation slows to its lowest in over a year

<p>The British Retail Consortium data for annual shop price
inflation dropped to 4.3% in the 12 months to November</p><ul><li>from +5.2% in October</li><li>weakest since June 2022</li><li>thee sixth month in a row that the pace of price
growth weakened</li></ul><p>BRC Chief Executive Helen Dickinson:</p><ul><li>is a risk
that the fall in inflation could stall or go into reverse
because of rising business rates – a property-based tax – plus
new regulations and a jump in the minimum wage</li></ul><p>-</p><p>Info via Reuters&nbsp;</p><figure data-media-><img src="https://images.forexlive.com/images/shop%2028%20November%202023_id_2eb6ecbe-5d99-49cb-a14d-755ea49ef6de_original.jpg" alt="shop 28 November 2023" width="374" height="281" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/shop%2028%20November%202023_id_2eb6ecbe-5d99-49cb-a14d-755ea49ef6de_original.jpg" /></figure><p><br></p>

This article was written by Eamonn Sheridan at www.forexlive.com.